Rising interest rates, damage caused by dodgy tenants, and personal problems that kill your real estate focus are just some of the issues that can derail your property investing success. But being prepared to cope in a crisis can make all the difference, as Sarah Megginson reports
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The PAYG Withholding Variation has been known by many names, most notably a Section 221D and a 1515. It is highly possible that this was a deliberate tact from the Australian Taxation Office (ATO) to give it a technical name so property investors don’t uncover the benefits. Effectively what a Variation does is vary your tax rate therefore providing you with additional cash flow with your periodic pay.
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